UK Stocks-Factors to watch on Thursday June 11

LONDON, June 11 (Reuters) - Britain's FTSE 100 index is set to open
roughly steady on Thursday, with futures on the index up 0.05 percent
ahead of the cash market open. For more on the factors affecting European
stocks, please click on

* The FTSE 100 index ended up 76.47 points, or 1.1 percent higher, at
6,782.41 points on Wednesday, led by advances in banking group Standard
Chartered and supermarket chain Sainsbury.

* ROYAL BANK OF SCOTLAND - Britain will start selling its 32
billion-pound stake in Royal Bank of Scotland in the coming months, finance
minister George Osborne said on Wednesday, giving up on his previous intention
to only sell the shares for a profit.

* ROYAL MAIL - The British government on Wednesday said it would
sell half of its remaining stake in Royal Mail, leaving it with about 15 percent
of the postal service that was wholly state owned until 2013.

Shares of Britain's Royal Mail RMG.L are likely to be priced at 500 pence
each, after a source close to the share sale said that orders below that level
were likely to miss out.
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